Counterclaims and Beyond: A Comparative Analysis of the India-Uzbekistan Bilateral Investment Treaty and India’s Treaty practice
Samir Malik*, M. Shahan Ulla**, Aryan Mehta*** Introduction On 27th September 2024, India and Uzbekistan signed a Bilateral Investment Treaty (“the Uzbekistan BIT”) in Tashkent to bolster investment relations and create a more robust and resilient investment environment. This BIT has been in force since 15th May 2025, a culmination of trade relations that extend …
India’s Lemon Law Moment: Evolving Product Liability and Recall Regime in the Automotive Sector
Introduction Few frustrations compare to owning an unreliable vehicle. A car that repeatedly breaks down despite multiple repairs may be considered a “lemon”, a term popularized in the U.S. In such cases, consumers may be entitled to a refund, replacement, or compensation under “lemon laws”—a critical protection that has become standard in several countries. Lemon …
RBI’s Project Finance Directions 2025 – ‘Reins in Check’ with reasonable flexibility
Background In its Statement on Developmental and Regulatory Policy Measures issued in October 2023, the RBI recognised the importance of having a strong regulatory framework to govern the Indian project finance landscape, especially with respect to income recognition, asset classification and provisioning requirements for projects under implementation. RBI indicated that extant prudential norms would soon …
AI HALLUCINATIONS: WHEN CREATION COMES AT A COST, WHO PAYS?
Artificial Intelligence has transformed the way information is processed and consumed, offering unprecedented capabilities and value across fields like medicine, law, journalism, and finance.
M/S. DAKSHIN GUJARAT VIJ COMPANY LIMITED V. M/S. GAYATRI SHAKTI PAPER AND BOARD LIMITED AND ANOTHER, ETC._ CIVIL APPEAL NOS. 8527-8529 OF 2009
In a landmark judgment delivered on 09.10.2023, the Hon’ble Supreme Court has finally settled the conundrum arising out of the conflicting interpretations of Rule 3 of the Electricity Rules,
M/S. DAKSHIN GUJARAT VIJ COMPANY LIMITED V. M/S. GAYATRI SHAKTI PAPER AND BOARD LIMITED AND ANOTHER, ETC._ CIVIL APPEAL NOS. 8527-8529 OF 2009
In a landmark judgment delivered on 09.10.2023, the Hon’ble Supreme Court has finally settled the conundrum arising out of the conflicting interpretations of Rule 3 of the Electricity Rules, 2005 (“Rules”) as given by the Hon’ble APTEL in the two judgments i.e. Kadodara Power Pvt. Ltd. and Others v. Gujarat Electricity Regulatory Commission (“Kadodra Power”),
FOURTH SCHEDULE TO ARBITRATION ACT: SUPREME COURT TO SETTLE THE CONUNDRUM IN ESSE
I Introduction: Alternative Dispute Resolution mechanism (commonly known as ADR mechanism”) has prevailed in India since its medieval period. While the panchayat system i.e., a form of ADR mechanism, was predominant in the country for being cheap and easily accessible with liberal procedural laws, the hierarchy of court system propounded by the Britishers has changed …
Continue reading “FOURTH SCHEDULE TO ARBITRATION ACT: SUPREME COURT TO SETTLE THE CONUNDRUM IN ESSE”
Unconstitutionality of Section 3(2) of the Benami Transactions (Prohibition) Act 1988
It is a well settled principle of law that any enactment which substantially affects the rights of people cannot be applied retrospectively. This was upheld by the Hon’ble Supreme Court in the case of Union of India v. Ganpati Dealcom Pvt. Ltd., CIVIL APPEAL No. 5783 of 2022, decided on 23.08.2022, wherein it was declared that Section 3(2) and Section …
FOURTH SCHEDULE TO ARBITRATION ACT: SUPREME COURT TO SETTLE THE CONUNDRUM IN ESSE
Alternative Dispute Resolution mechanism (commonly known as ADR mechanism”) has prevailed in India since its medieval period. While the panchayat system i.e., a form of ADR mechanism, was predominant in the country for being cheap and easily accessible with liberal procedural laws, the hierarchy of court system propounded by the Britishers has changed the landscape …
Continue reading “FOURTH SCHEDULE TO ARBITRATION ACT: SUPREME COURT TO SETTLE THE CONUNDRUM IN ESSE”
AN INSIGHT INTO PROPOSED REGULATORY REGIME ON VIRTUAL ONLINE SPORTS IN RAJASTHAN
Authored by – Mr. Rishi Anand, Partner; Mr. Chirag Jain, Principal Associate and Ms. Shruti Agrawal, Associate